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The Pound Sterling (GBP) extends its correction to near 1.3460 against the US Dollar (USD) during European trading hours on Wednesday.

Created : 2025.05.28 16:48

Last updated : 2025.05.28

Here is what you need to know on Wednesday, May 28:

Created : 2025.05.28 16:34

Last updated : 2025.05.28

Silver prices (XAG/USD) are posting moderate losses on Wednesday, weighed by the upbeat market sentiment, which is undermining demand for safe assets, and a firmer US Dollar.The Greenback is trading higher across the board, on the back of easing trade tensions, after Trump's decision to delay tariff

Created : 2025.05.28 16:33

Last updated : 2025.05.28

The EUR/GBP cross trades with mild gains around 0.8390 during the early European session on Wednesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) amid the de-escalation of trade tensions between the European Union (EU) and the United States (US).

Created : 2025.05.28 16:04

Last updated : 2025.05.28

FX option expiries for May 28 NY cut at 10:00 Eastern Time vi a DTCC can be found below.

Created : 2025.05.28 15:50

Last updated : 2025.05.28

The USD/CHF pair gains ground to near 0.8285 during the early European session on Wednesday. Better-than-expected US Consumer Confidence data and improved risk sentiment provide some support to the US Dollar (USD).

Created : 2025.05.28 14:58

Last updated : 2025.05.28

The USD/CAD pair is seen prolonging this week's goodish recovery move from the 1.3685 area, or its lowest level since October 2024, for the third consecutive day on Wednesday.

Created : 2025.05.28 14:30

Last updated : 2025.05.28

EUR/JPY halts its two-day winning streak, trading around 163.30 during the Asian hours on Wednesday. The weakening of a bullish bias appears as the currency cross remains slightly below the lower boundary of the ascending channel, as suggested by the technical analysis of the daily chart.

Created : 2025.05.28 14:26

Last updated : 2025.05.28

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, gains positive traction for the second consecutive day on Wednesday and moves further away from the monthly low touched earlier this week.

Created : 2025.05.28 13:54

Last updated : 2025.05.28

NZD/USD recovers its recent losses from the previous session, trading around 0.5970 during the Asian hours on Wednesday. The pair appreciates as the New Zealand Dollar (NZD) gains ground following the Reserve Bank of New Zealand's (RBNZ) interest rate decision.

Created : 2025.05.28 13:38

Last updated : 2025.05.28

Gold prices fell in India on Wednesday, according to data compiled by FXStreet.

Created : 2025.05.28 13:35

Last updated : 2025.05.28

The GBP/USD pair attracts some sellers to around 1.3480 during the Asian trading hours on Wednesday. The Greenback strengthens against the Pound Sterling (GBP) on the economic signs in the United States (US). 

Created : 2025.05.28 13:30

Last updated : 2025.05.28

EUR/USD continues its losses for the second successive day, trading around 1.1310 during the Asian hours on Wednesday.

Created : 2025.05.28 13:04

Last updated : 2025.05.28

Reserve Bank of New Zealand's (RBNZ) acting Governor Christian Hawkesby explains the decision to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.25% at a press conference following the May monetary policy meeting on Wednesday.

Created : 2025.05.28 12:06

Last updated : 2025.05.28

The Japanese Yen (JPY) slides to a one-week low against its American counterpart during the Asian session on Wednesday, though the intraday downtick lacks follow-through.

Created : 2025.05.28 12:02

Last updated : 2025.05.28

The NZD/USD pair gains ground to around 0.5965 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) edges higher against the US dollar (USD) after the Reserve Bank of New Zealand (RBNZ) interest rate decision.

Created : 2025.05.28 11:27

Last updated : 2025.05.28

The Australian Dollar (AUD) extends its losses against the US Dollar (USD) on Wednesday for the third successive session. The AUD/USD pair loses ground after the release of the Monthly Consumer Price Index (CPI).

Created : 2025.05.28 11:23

Last updated : 2025.05.28

The Indian Rupee (INR) strengthens on Wednesday. Concerns over US trade and fiscal policies undermine the US Dollar (USD). Additionally, a decline in Crude oil prices provides some support to the Indian currency, as India is the world's third-largest oil consumer. 

Created : 2025.05.28 11:18

Last updated : 2025.05.28

The AUD/NZD cross attracts some dip-buying near the 1.0815 area during the Asian session on Wednesday, though it lacks follow-through.

Created : 2025.05.28 11:15

Last updated : 2025.05.28

Australia's monthly Consumer Price Index (CPI) steadied at 2.4% in the year to April, compared to a 2.4% rise seen in March, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.

Created : 2025.05.28 10:32

Last updated : 2025.05.28